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Solstad Offshore ASA Share Issue/Capital Change 2021

Apr 15, 2021

Share Issue/Capital Change

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New share capital

Reference is made to yesterday's stock exchange notice regarding exercise of

warrants and conversion of convertible loan.

The share capital increase has now been registered. The Company's share capital

is NOK 74,964,591 consisting of 74,964,591 shares, each with a par value of NOK

Skudeneshavn, April 15th 2021

Contacts

Lars Peder Solstad CEO, at +47 91 31 85 85

Kjetil Ramstad CFO, at +47 90 75 94 89

Solstad Offshore ASA

www.solstad.com

This information is subject of the disclosure requirements pursuant to section

4.2.4 of Rule Book II for companies listed on Euronext Oslo Børs.